Elizabeth Leykum - Jun 13, 2024 Form 4 Insider Report for Valaris Ltd (VAL)

Role
Director
Signature
/s/ Andrew Campbell, by power-of-attorney
Stock symbol
VAL
Transactions as of
Jun 13, 2024
Transactions value $
$0
Form type
4
Date filed
6/17/2024, 04:57 PM
Previous filing
Apr 2, 2024
Next filing
Jul 2, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VAL Restricted Stock Units Award $0 +3.86K $0.00 3.86K Jun 13, 2024 Common Shares 3.86K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive one Valaris common share, the cash value thereof, or a combination of shares and cash, in accordance with the grant agreements and at the election of the reporting person. Consists of 3,862 restricted stock units, representing the recipient's annual equity retainer, which will vest in full on the earlier of the first anniversary of the date of grant or the next annual meeting of the Company's shareholders.